RSSCategory: Articles

Jun

2

The Inevitability of Risk

How do you contend with it? How do you avoid letting it unnerve you? If you want significant reward, you will have to assume some risk. Anyone investing in securities – particularly stocks and funds – must accept that reality. Investing in the markets gives you an opportunity to accelerate the growth of your savings […]

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May

23

It’s Time to Review Your Life Insurance

Are you underinsured, or not insured at all? When was the last time you looked at your life insurance coverage? Why not do it now? Life insurance can be a remarkable utility as an estate planning and tax-saving tool. Whether you have no life insurance, or you haven’t reviewed your policy in a while, it […]

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May

19

IRS Announces New IRA Rollover Limitation

A tax court ruling raises eyebrows & leads to a decision that may affect you. What was once allowed is now prohibited. In 2008, an affluent New York City couple made a series of withdrawals and transfers among contributory IRAs, rollover IRAs and non-IRA investment accounts, all with the long-established 60-day deadline for tax-free IRA […]

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May

12

Should You Reduce Risk Exposure As You Get Older?

A study suggests the “conventional wisdom” may be flawed. If you move away from equities with age, are you making a mistake? For some time, financial professionals have encouraged investors to lessen their exposure to the stock market as they get older. After all, a 60-year-old has less time to recover from a market downturn […]

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May

5

The Rise of Bitcoin

Is the virtual currency a fad, or the future? Mention “bitcoin” to assorted economists or investors, and you may trigger all kinds of associations. To some, it signifies an exciting new reality – a digital currency, with a payment system that could revolutionize finance. To others, it is a volatile commodity – propped up by […]

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Apr

28

Women, Longevity Risk & Retirement Saving

Statistics point out the need to save early, save consistently & stay invested. Will you live to be 100? If you’re a woman, your odds of becoming a centenarian are seemingly better than those of men. In the 2010 U.S. Census, over 80% of Americans aged 100 or older were women.1 Will you eventually live […]

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Apr

21

72(t) Distributions

Sometimes you can take penalty-free early withdrawals from retirement accounts. Do you need to access your retirement money early? Usually, anyone who takes money out of an IRA or a retirement plan prior to age 59½ faces a 10% early withdrawal penalty on the distribution. That isn’t always the case, however. You may be able […]

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Apr

14

The Retirement We Imagine, the Retirement We Live

Examining the potential differences between assumption & reality. Financially, how might retirement differ from your expectations? To some degree, it will. Just as few weather casters can accurately predict a month’s worth of temperatures and storms, few retirees find their financial futures playing out as precisely as they assumed. As you approach or enter retirement, […]

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Apr

6

Will the Fed Raise Interest Rates Earlier Than Assumed?

Markets weigh Janet Yellen’s comments & the new policy statement. Wall Street skips a beat on three words. The words were “around six months,” and they were spoken by Federal Reserve chair Janet Yellen at the Federal Open Market Committee’s March 19 press conference. Those three words sent the Dow south 190 points; it lost […]

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Mar

31

Why Do We Save So Little?

What’s good for the economy isn’t necessarily good for our future. Our parents & grandparents saved much more than we do. Most people who have read up on the economy for any length of time have heard of the personal saving rate (PSAVERT), which the Commerce Department calculates as the ratio of personal saving to […]

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